FreshBooks has a solid mobile app that lets you perform many of the same functions as the desktop interface except assigning expenses to projects. It also integrates with more than 70 software programs, earning it a perfect score for integrations. Sage Business Cloud Accounting is best for those who only need accounting software for simple needs, such as for invoicing and bank reconciliations. All the different tools in OneUp were easy to configure, and populating templates for invoicing and inventory orders feels effortless. Overall, OneUp runs smoothly and efficiently thanks to its basic interface, but a weak spot would be the limited third-party integration it offers.

  1. It offers robust security features and tools like sales and expense tracking, payroll, purchase orders, time tracking, and accounts receivable and payable.
  2. In addition to the functionality described above, you’ll need extra features.
  3. QuickBooks Self-Employed is especially good for individuals without a separate bank account for their business transactions as it has a feature to separate business and personal expenses.
  4. However, there are many alternatives to QuickBooks that cost less and have similar features that can work for your needs.
  5. The basic plan is free and lets you send unlimited invoices, manage unlimited vendors and customers, and check basic reports and supporting connections to one bank.
  6. So, you’re likely to find a free plan, which would be suitable for an individual, but you’ll have limits on the number of invoices you can send or you may have no access to advanced features.

You want to find software that fits your budget and offers the features you need. There are many affordable options on the market, so be sure to shop around and compare prices before making a final decision. You can find perpetual license accounting software for your small to mid-sized business with accounting basics plus inventory control, manufacturing, order entry, job costing, and more. Optimal for freelancers and small businesses, AccountEdge offers a starting price of $399 for a perpetual license.

QuickBooks Online

His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life. Afterward, they opted to shut down Quicken Online and sold the entire Quicken unit to H.I.G. Capital in 2016. Quicken does have an online experience, something they’ve only recently created, but it’s not free and it’s playing catch up. It’s a freemium product with the free version that has all the functionality minus synching across multiple devices and automated transaction downloads.

The Best Accounting Software with Offline Access

It also doesn’t allow you to combine multiple checks in a single deposit, issue a credit memo, or add tracked expenses to an invoice, also features that are available with QuickBooks. Wave received a perfect score in pricing because it has a free version for accounting and invoicing, unlike QuickBooks Online, which doesn’t accounting software auto repair shop offer a free plan. It is also ideal for businesses that don’t require complex accounting software because of its excellent ease of use. We chose Wave for individuals wanting a free option for basic accounting needs such as tracking expenses, issuing invoices, and tracking unpaid bills—something QuickBooks doesn’t offer.

Accounting tools include expense tracking, bank reconciliation, fixed asset management, accounts receivable, cashbooks, taxes, and asset registers for multiple users and companies. User-friendly with offline access, LedgerLite will fulfill all of your accounting needs. It’s the perfect bookkeeping software for the self-employed, from freelancers to independent consultants. Full accounting departments are likely to appreciate the comprehensive features of QuickBooks Online. You can track income and expenses, send invoices and accept payments, handle tax deductions and track receipts and mileage, which are all available on all plans. Other plans include advanced features, such as bill management and time tracking, advanced analytics and workflow automations.

Blackbaud Financial Edge NXT

The range of prices between plan tiers was also a consideration as was whether a provider offered a free plan or free trial of its software. Zoho Invoice makes it easy for small businesses to go from estimate to project to invoice to payment without having to pay for the software to make it possible. The only cost to you is for transaction fees when a client pays you, and that cost comes from whichever payment processor you choose to integrate with Zoho Invoice. Xero is one of the best QuickBooks alternatives because it’s rich with features established businesses need to manage finances and projects.

Many desktop-based accounting software products, such as QuickBooks Desktop and Sage 50 (formerly Peachtree), are one-time purchase software. Wave accounting software is a very well-recognized non cloud-based accounting software. Given the expense of things like payroll and credit card processing, not all functions are free, and the ones that aren’t quite as feature-rich as those given by competing software. Wave accounting software nonetheless, is among the finest pieces of non cloud-based accounting software available in Canada. Users of TaxSlayer have the alternative of answering questions to have the computer direct them to the proper forms, or going right to the bits they need to fill out. Because of its customizable features, TaxSlayer is a good option for people who prefer to complete their taxes alone but would benefit from guidance in case of difficulties.

Zoho Invoice

MoneyDance looks and feels like a checkbook, with the check register for transactions, but has charts and tables for reporting. It does budgeting but can also track your investments as well, albeit not as feature-rich as others. PocketSmith has a free option that makes you manually import transactions, 12 budgets, 2 accounts, and projections for 6 months out. Foundation ($9.95/mo) will get you automatic transaction importing, unlimited budgets, 10 accounts, and 10 years of projections. Flourish ($16.66/mo) gets you 18 connected banks, 18 dashboards, and 30 years of projections. Fortune ($26.66/mo) gives you unlimited accounts and 60 years of projections.

Cloud-Based Accounting Software:

In our evaluation, Zoho Books aced our mobile app and integrations categories and also scored high for its available reports. However, it took a hit in pricing because the Professional plan at $50 per month is required to use accounts payable (A/P) features. In comparison, QuickBooks charges $60 per month for its Essentials plan, which lets you manage and auto-pay bills. QuickBooks is an excellent option for accounting and invoicing software but there are viable alternatives that may fit your business better. For example, if you’re looking to save money on payment processing, QuickBooks Payments might not be right for you and you may want to choose Xero, which lets you choose your own payment processor.

Moreover, we included the insights we gathered from our case study to show you what we think about these solutions based on the case study criteria. Invoices can be generated using data from tracked hours and billable expenses. What’s more, the platform has a client portal where customers can view outstanding invoices, pay bills online, and check completed projects. As compared to QuickBooks Self-Employed, QuickBooks Online has many more useful features, such as the ability to track using classes and locations, track inventory costs and units, and determine the COGS.

Zoho Books is our overall best QuickBooks alternative because it’s similar to QuickBooks Online but has a more functional mobile app. Among its many useful features are the ability to receive payments, send invoices, record time worked, capture expense receipts, and view reports from your mobile app. Plans range from $19 to $60 per month (minus an introductory discount for the first several months), and if you accept bank transfers for payment, you’re only charged a 1% ACH fee.

The most important factor in our pricing score is the monthly cost of the program. However, we also considered any limitations on transactions, vendors, or customers. What sets the solution apart from other invoicing options on this list is that it can track billable hours that have been written off—a feature that even QuickBooks lacks. Despite being a free tool, Zoho Invoice received high ratings for its invoice customization and overall invoicing features.

It’s your go-to for a simple, streamlined program that provides multiple ways to protect your data. In an era dominated by cloud subscriptions, we wrote this guide to recommend the best offline, on-premise, and perpetual license accounting software for those valuing control and reliability. QuickBooks dominates the market for small business accounting—but it isn’t always the best answer, and there are many alternatives to QuickBooks to consider. Depending on your budget, required features, and industry, you might find an option that will meet your needs better.